Monday, November 29, 2010

Statistics Canada will release the labour survey this Friday December 3 for the month of November and the predictions are strong.

Reuters is predicting job gains of 18,000 - a sharp rise from October's overall gains of 3,000. While the unemployment rate is expected to stay higher than hoped at 7.9%, this reflects a greater number of people reentering the job-hunt and can be seen as an overall improvement in confidence.